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his tax cut wouldn't be anywhere near that size. >> so you're disputing the size of the tax cut? or are you disputing also how he's going to pay for it? >> we're disputing the size. >> erin, he has campaigned on lowering tax cuts by 20% for everybody, including those in the top 1%. that was one of the main selling points in the republican primary. >> so you're saying if you lower them by 20% you get a $5 trillion tab, right? >> it's a $5 trillion tab. >> but when he closes deductions he won't be anywhere near $5 trillion. that's our analysis. >> well with, okay, stipulated, it won't be near $5 trillion, but it's also not going to be the sum of $5 trillion in the loopholes that he's going to close. it is going to cost someone and it's going to cost the middle class. independent economists have taken a look at this. there aren't enough deductions for those at the top to account for the number of tax cuts that they get because of mitt romney's policies. you have to raise taxes on the middle class, as bill clinton says, it's simple math. >> they'll say, though, that you can do that.
his tax cut wouldn't be anywhere near that size. >> so you're disputing the size of the tax cut? or are you disputing also how he's going to pay for it? >> we're disputing the size. >> erin, he has campaigned on lowering tax cuts by 20% for everybody, including those in the top 1%. that was one of the main selling points in the republican primary. >> so you're saying if you lower them by 20% you get a $5 trillion tab, right? >> it's a $5 trillion tab. >> but...
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the estate tax. we'll give the top 1/10 of taxpayers an average break of $250,000. >> look, look, andrea, mitt romney pointed out that one of the things that he would do is to put a cap on the deductions. the tax policy center admitted that what they analyzed was assumptions they added to mitt romney's plan that are not deduction. >> which deductions. >> let me finish. i let you finish. now let me fin. >> yes, sir. >> the tax policy center admitted that they made assumptions that were not part of mitt romney's tax plan. there are six or seven follow-up studies that say romney's tax plan can do what the governor has said he would. he's going to eliminate or cap deductions on upper income brackets there is more enough in the basket of choices there to take care of providing the to 20% tax reduction to the middle class. >> no, there are not. >> with all due respect to what obama people are putting out, they're wrong on it. >> i'm not talking about what the obama people are talking. first of all, those a
the estate tax. we'll give the top 1/10 of taxpayers an average break of $250,000. >> look, look, andrea, mitt romney pointed out that one of the things that he would do is to put a cap on the deductions. the tax policy center admitted that what they analyzed was assumptions they added to mitt romney's plan that are not deduction. >> which deductions. >> let me finish. i let you finish. now let me fin. >> yes, sir. >> the tax policy center admitted that they made...
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my tax plan is inaccurate. if the tax plan he described were a tax plan i was asked to support, i would say absolutely not. >> reporter: there's no time for rest. the senior advisers on the "today" show, early this morning. >> governor romney put more preparation into it than they did into the invasion of normandy. i expected a strong performance and got it. >> many were watching governor romney without 30 second attack ads. >> reporter: perhaps most evidence during the closing statement. >> four years ago, i said i'm not a perfect man and wouldn't be a perfect president. that's probably a promise governor romney thinks i kept. i fight every day for the american people. >> no question in my mind, if the president were to continue to be reelected, there will be a middle class squeeze. i'll get incomes up again. >> they weren't the only characters in last night's debate. twitter and face book lit up with viewers commenting and arguing. it was the most tweeted event in political history. ket? >> the next president
my tax plan is inaccurate. if the tax plan he described were a tax plan i was asked to support, i would say absolutely not. >> reporter: there's no time for rest. the senior advisers on the "today" show, early this morning. >> governor romney put more preparation into it than they did into the invasion of normandy. i expected a strong performance and got it. >> many were watching governor romney without 30 second attack ads. >> reporter: perhaps most evidence...
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i will lower taxes on middle income families. >> he's going to get rid of the estate tax, mr. mayor, which aims directly at the top rate. the people who have a quarter million bucks and want to leave it to their kids. it's nor the very rich. he wants to lower the top rate from 35% to 28% for the richest people in the country. he wants to take the corp rate rate from 35% to 25%. >> clearly at that stage mr. obama should have turned to him and said you are not telling the american people the truth. just as he did today in denver when he said he wasn't telling the truth. he should have looked him in the eye and said mitt romney, you are not telling the american people the truth. and then proceed to walk through as clinton would have done the mathematics to prove it. i don't think romney would have been smart enough to figure out how to get out of that hit, but obama ignored that opportunity and i think that's a mistake. joan, you're correct. he will everywhere he goes, he will save the day and correct what he didn't do last night, but 58 million people will not be able to be cont
i will lower taxes on middle income families. >> he's going to get rid of the estate tax, mr. mayor, which aims directly at the top rate. the people who have a quarter million bucks and want to leave it to their kids. it's nor the very rich. he wants to lower the top rate from 35% to 28% for the richest people in the country. he wants to take the corp rate rate from 35% to 25%. >> clearly at that stage mr. obama should have turned to him and said you are not telling the american...
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federal income tax, federal payroll tax, state income tax, state sales tax, state property tax, gasoline tax tadd up to well over 50% of what they earned. and your plan is to take the tax rate on successful small businesses from 35% to 40%. the national federation of independent businesses has said that will cost 700,000 jobs. i don't want to cost jobs. my priority is jobs. and so what i do is i bring down the tax rates, lower deductions and exemptions, the same idea behin bowles-simpson, get the rate down, lower deductions and exemptions to create more jobs because there's nothing better getting us to a balanced budget than having more people working, earning more money, paying more taxes, that's by far the most effective and efficient way to get this budget balanced. >> jim you may want to move on to another topic but i would like to say this to the american people, if you believe we can cut taxes by $5 trillion and add $2 trillion in additional spending that the military is not asking for, $7 trillio just to give you a sense over 10 years, that's more than our entire defense budget, a
federal income tax, federal payroll tax, state income tax, state sales tax, state property tax, gasoline tax tadd up to well over 50% of what they earned. and your plan is to take the tax rate on successful small businesses from 35% to 40%. the national federation of independent businesses has said that will cost 700,000 jobs. i don't want to cost jobs. my priority is jobs. and so what i do is i bring down the tax rates, lower deductions and exemptions, the same idea behin bowles-simpson, get...
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he said he calculates how much they pay in taxes. state income tax, state sales tax, gasoline tax. it added up to well over 50% of what they earn. your plan is to take the tax rate on successful small businesses from 35% to 40%. the national federation of independent businesses has said that will cost 700,000 jobs. i don't want to cost jobs. my priority is jobs. so what i do is i bring down the tax rates, lower the deductions and exemptions. the same idea behind simpson, by the way. lower the deductions and exemptions to create more jobs, because there is nothing better for getting us to a balanced budget than having more people working, earning more money, paying more taxes. that's by far the most effective way to get this budget balanced. >> you may want to move on to another topic, but i would say this to the american people. if you believe that we can cut taxes by $5 trillion and add $2 trillion in additional spending that the military is not asking for, $7 trillion, just to give you a sense, that's more than our entire defense budget, and you think that by closing loopholes an
he said he calculates how much they pay in taxes. state income tax, state sales tax, gasoline tax. it added up to well over 50% of what they earn. your plan is to take the tax rate on successful small businesses from 35% to 40%. the national federation of independent businesses has said that will cost 700,000 jobs. i don't want to cost jobs. my priority is jobs. so what i do is i bring down the tax rates, lower the deductions and exemptions. the same idea behind simpson, by the way. lower the...
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so if the tax plan he described were a tax plan i was asked to support, i'd say absolutely not. i'm not looking for 5i trillion tax cut. i won't put in a place a tax cut that adds to the deficit. i'm not in favor of a $5 trillion tax cut. that's not my plan. >> that's three different moments during this debate when mitt romney noticed the bump in the set for obama. what he's saying there is he's arguing against math. the idea that you can cut faxes 20%, can you tell taxes for everybody and it's deficit neutral and faye for it by closing unspecified loop moles and dealing with deductions. that is the romney position. it's up to bahama to make romney get specific about it to say okay. it's easy to say you deal with the deductions and it's easy to say it's deficit neutral and let's talk about the specific deductions and talk about the home interest deduction and health care deduction and the charitable giving deduction. these are things that people rely on and things that are popular with voters. let's put mitt romney on the spot here and say if you pay for it with deductions, this
so if the tax plan he described were a tax plan i was asked to support, i'd say absolutely not. i'm not looking for 5i trillion tax cut. i won't put in a place a tax cut that adds to the deficit. i'm not in favor of a $5 trillion tax cut. that's not my plan. >> that's three different moments during this debate when mitt romney noticed the bump in the set for obama. what he's saying there is he's arguing against math. the idea that you can cut faxes 20%, can you tell taxes for everybody...
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federal income tax, federal payroll tax, state sales tax, state property tax, gasoline tax added up to well over 50% of what they earned. in your plan is to take the tax rate on successful small businesses from 35% to 40%. the national federation of independent businesses has said that will cost 700,000 jobs. i don't want to cost jobs. my priority is jobs. and so, what i do is bring down the tax rates. lower deductions and exemptions. the same idea behind simpson/bowles, by the way, get the rates down to create more jobs because there is nothing better for getting us to a balanced budget than having more people working, earning more money, pay more taxes. that is by far the most effective and efficient way to get this budget balanced. obama: jim come you may want to move onto another topic, but i want to say this to the american people. if you believe we can cut taxes by $5 trillion that $2 trillion in additional spending that the military is not asking for, $7 trillion, just to get a sense of her 10 years, that is more than our entire defense budget. anything by closing loopholes and
federal income tax, federal payroll tax, state sales tax, state property tax, gasoline tax added up to well over 50% of what they earned. in your plan is to take the tax rate on successful small businesses from 35% to 40%. the national federation of independent businesses has said that will cost 700,000 jobs. i don't want to cost jobs. my priority is jobs. and so, what i do is bring down the tax rates. lower deductions and exemptions. the same idea behind simpson/bowles, by the way, get the...
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and they ran over several segments talking about taxes, mitt romney's tax plan, $5 trillion tax breaks, mostly for the wealthy, the president kept saying over and over and mitt romney stopped him and said you're totally mischaracterizing my plan, that's not what i'm proposing at all. they also talked about medicare they talked about wall street reform, and whether or not that was done properly. but the strongest exchange was about health care and jobs, and as mitt romney put it, why the president spent so much time in the middle of a recession focusing on getting his health law passed. >> i just don't know how the president could have come into office facing 23 million people out of work, rising unemployment, an economic crisis at the kitchen table, and spend his energy and passion for two years fighting for obama care instead of fighting for jobs for the american people. >> we did work on this, alongside working on jobs, because this is part of making sure that middle class families are secure in this country. >> reporter: a couple of the big instant overnight polls that we've seen, u
and they ran over several segments talking about taxes, mitt romney's tax plan, $5 trillion tax breaks, mostly for the wealthy, the president kept saying over and over and mitt romney stopped him and said you're totally mischaracterizing my plan, that's not what i'm proposing at all. they also talked about medicare they talked about wall street reform, and whether or not that was done properly. but the strongest exchange was about health care and jobs, and as mitt romney put it, why the...
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raising taxes on the average family by up to $2000 dollars. while giving a tax break of $250,000 dollars to multi-millionaires. doesn't mitt romney understand, we can't rebuild america...by tearing down the middle class. priorities usa action is responsible for the content of this advertising. >>> no sooner did the nationals get into the play-offs and the government threw cold water on fans by announcing higher taxi fairs for the postseason games. but the mayor complained. >> tom sherwood joins us with the story. >> jim, there are going to be huge crowds, but no one expected higher taxi fares. more than 6,000 cabs in the district. none will make extra money with $1 passenger surcharges during the play-offs announced wednesday evening, killed hours later. what happened? you reversed it? >> well, they told me, the mayor made it clear he didn't approve of it. and it's the mayor's program. and so i rescinded it. >> reporter: maybe quickly reversed, but there's still a lot of irritation about the jolt to fans. >> never understood the rationale for
raising taxes on the average family by up to $2000 dollars. while giving a tax break of $250,000 dollars to multi-millionaires. doesn't mitt romney understand, we can't rebuild america...by tearing down the middle class. priorities usa action is responsible for the content of this advertising. >>> no sooner did the nationals get into the play-offs and the government threw cold water on fans by announcing higher taxi fairs for the postseason games. but the mayor complained. >> tom...
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romney's tax plan. for months he's been telling us that he'll cut everyone's taxes by 20%. so some of the country's brightest economists did the math and found that romney's tax plan promises to cut taxes by $5 trillion without adding to the deficit. but when mitt romney took to the stage last night, he delivered a line that beggared belief. >> no economist can say mitt romney's tax plan adds $5 trillion if i say i will not add to the deficit with my tax plan. >> so black is white, up is down, and everything is the way he says it is in the world of mitt romney. like yago, mitt romney delivered those lines in the presence of a black man, but on this occasion the president would not be deceived. he allowed mr. romney to rehearse the full extent of his lie and then just a few hours ago drew our attention to what really happened last night. >> the real mitt romney has been running around the country for the last year promising $5 trillion in tax cuts in favor of the wealthy. the fellow on stage last night said he didn't know anything about that. >> mr. romney is quite rightly b
romney's tax plan. for months he's been telling us that he'll cut everyone's taxes by 20%. so some of the country's brightest economists did the math and found that romney's tax plan promises to cut taxes by $5 trillion without adding to the deficit. but when mitt romney took to the stage last night, he delivered a line that beggared belief. >> no economist can say mitt romney's tax plan adds $5 trillion if i say i will not add to the deficit with my tax plan. >> so black is white,...
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tax cut across the board. mitt romney never specified the deductions that he discusses and doesn't give specifications on, to say i don't have a tax cut is surreal and the president with malpractice not pushing back on that and demanding specifics. >> some of the president's supporters said he needed a cup of coffee or two after watching that. let's listen to this from the president, guys and then, john, i want your thoughts on this one. >> does anybody out there think that the big problem we had is that there was too much oversight and regulation of wall street? because if you do, then governor romney is your candidate. >> did he, john, miss an opportunity to go further with the banks there? >> i mean, that was one of i think president obama's better lines in the debate because he was calling out in a limited way and halting way all of a sudden mitt romney saying that the problem with the dodd-frank was that it was a big kiss to the new york banks which is itself a surreal etch-a-sketch moment. the president
tax cut across the board. mitt romney never specified the deductions that he discusses and doesn't give specifications on, to say i don't have a tax cut is surreal and the president with malpractice not pushing back on that and demanding specifics. >> some of the president's supporters said he needed a cup of coffee or two after watching that. let's listen to this from the president, guys and then, john, i want your thoughts on this one. >> does anybody out there think that the big...
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plan calls for a $5 trillion tax cut on top of the extension of the bush tax cuts. that's another trillion dollars and $2 trillion in additional military spending that the military hasn't asked for. >> i'm not in favor of a $5 trillion tax cut. that's not my plan. my plan is not to put in place any tax cut to add to the deficit. >> now, today, the president is saying, hang on. that's not mitt romney. he says romney's changing the tune on the crucial issue of taxes to make himself sound more centrist. ali velshi is here to make sense of what we heard last night. >> right. >> the first question on the tax cut proposal. the president is saying he's flip flopping. is he proposing $5 trillion in tax cuts? >> so this is a tricky one. what mitt romney is saying is he wants to reduce taxes across the board in every category. wherever you are coming down 20%. if you don't figure out where you're going to make up the taxes from, if you take 20% less from everybody it's over 10 years a $4.9 trillion loss and overstating it a little bit but there's a study that's been done and
plan calls for a $5 trillion tax cut on top of the extension of the bush tax cuts. that's another trillion dollars and $2 trillion in additional military spending that the military hasn't asked for. >> i'm not in favor of a $5 trillion tax cut. that's not my plan. my plan is not to put in place any tax cut to add to the deficit. >> now, today, the president is saying, hang on. that's not mitt romney. he says romney's changing the tune on the crucial issue of taxes to make himself...
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another issue that came up -- taxes. last night, president obama made it clear he is going to raise taxes. today, vice president joe biden made it even more clear. in i what he said, he asked himself a question and he asked if he and president obama wants a trillion dollar tax hike. his response to himself was yes, we do. that is a direct quote. virginia, no, we do not mitt romney will talk about this in a minute. what we do not needs is a
another issue that came up -- taxes. last night, president obama made it clear he is going to raise taxes. today, vice president joe biden made it even more clear. in i what he said, he asked himself a question and he asked if he and president obama wants a trillion dollar tax hike. his response to himself was yes, we do. that is a direct quote. virginia, no, we do not mitt romney will talk about this in a minute. what we do not needs is a
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this is a tax in and of itself. i'll call it the economy tax. it's been crushing. >> earlier in the week, vice president biden had said the middle class has been buried for the past four years. the issue they came closest to agreeing on, social security. the candidates here last night also sparred on other issues, including job creation, deficit reduction and health care. >> the presidential candidates will next square off on october 16th in long island. the second debate will take place on the campus of hofstra university, and it will be in the format of a town hall meeting. that means undecided voters will ask the questions. the candidates will focus on foreign and domestic policy. we've learned that first lady michelle obama will make another trip to virginia next week to campaign for her husband. she will visit loudoun county on tuesday, october 9th. we'll pass along additional details as they become available. the announcement highlights just how important northern virginia is in the race for the white house. tomorrow president obama will b
this is a tax in and of itself. i'll call it the economy tax. it's been crushing. >> earlier in the week, vice president biden had said the middle class has been buried for the past four years. the issue they came closest to agreeing on, social security. the candidates here last night also sparred on other issues, including job creation, deficit reduction and health care. >> the presidential candidates will next square off on october 16th in long island. the second debate will take...
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we pay taxes. i pay taxes every year. we are supporting america. it was sad from president obama's perspective. host: where do you agree with the republicans? caller: i agree with the republicans with same-sex marriage and that we need to do more with our business. the way things look is really sad. host: next is a mitt romney supporter in pennsylvania, mark. do you think that romney has a chance in pennsylvania? caller: i think it is looking good for him. everybody is talking about the 47%. you are talking - the republicans got locked out and could not give their point of view on obamacare. now everybody is worried about what mitt romney said. i am totally flabbergasted over this. obama was talking about the tax cuts that they are given to companies overseas. koch -- he had four years to do something about it. you had the lady that was just on a little while ago and she was talking about -- i lost my train of thought. host: barber in missouri -- barbara in missouri -- host: with regard to the debate, marcie e-mails in -- host: a president obama su
we pay taxes. i pay taxes every year. we are supporting america. it was sad from president obama's perspective. host: where do you agree with the republicans? caller: i agree with the republicans with same-sex marriage and that we need to do more with our business. the way things look is really sad. host: next is a mitt romney supporter in pennsylvania, mark. do you think that romney has a chance in pennsylvania? caller: i think it is looking good for him. everybody is talking about the 47%....
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the tax plan still doesn't add up. the question for him is whether or not he's able to obscure o that on the stage tonight. >> ezra. thank you. so chris hayes, do we end up in a mega-audience version of paul ryan saying this weekend, i don't really have the time to give you the numbers. i'd bore you if i gave you the math. >> that, to me, is the most fascinating element in this debate. is that he has said time and time again, mitt romney even said at one point, look, i learned from governor christie, if you give people details, they just use it to attack you. he has said explicitly as a matter of strategy, we won't give you more details. so how long can he avoid details on stage with the president for 90 minutes. and the other problem, it's not just bain, it's not just fact that this is the wealthiest man to run for president, well, in nominal dollars, ever, but in real dollars, in a long time. but he is proposing the same thing that republicans always propose when they get into office. the one reliable policy you can
the tax plan still doesn't add up. the question for him is whether or not he's able to obscure o that on the stage tonight. >> ezra. thank you. so chris hayes, do we end up in a mega-audience version of paul ryan saying this weekend, i don't really have the time to give you the numbers. i'd bore you if i gave you the math. >> that, to me, is the most fascinating element in this debate. is that he has said time and time again, mitt romney even said at one point, look, i learned from...
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i will not raise tax on middle income families. i'll lower taxes on middle income families. martha: by our count president obama mentioned the middle class 19 times, clearly a focus of every presidential election. let's talk about this. lanny davis joins me now. and jonah goldberg is the editor at large for the national review. welcome, jonah. lanny, you listened to all that. what do you think? >> i'm not very happy with the president's performance. i think he did poorly. i agree with him on substance. i think he got the better of the exchange regarding the facts and the policy. but for the obama campaign to put the spokesman on and i'm sure she is doing her best and not to admit he had a bad night and to say we ought to do fact check when the fact checkers have rated obama's ads with four pinocchios. the way to do this is to say look at governor romney. smile, be gracious. don't look down and take notes while a man is talking to you. it's as simple as admitting he had a bad night. but on policy and substance i'm still voting for him. i know she doesn't believe she was sayin
i will not raise tax on middle income families. i'll lower taxes on middle income families. martha: by our count president obama mentioned the middle class 19 times, clearly a focus of every presidential election. let's talk about this. lanny davis joins me now. and jonah goldberg is the editor at large for the national review. welcome, jonah. lanny, you listened to all that. what do you think? >> i'm not very happy with the president's performance. i think he did poorly. i agree with him...
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you specifically said you would cut this tax, this tax, this tax. >> a lot of promises. >> that add up to 5 trillion. how will you pay for that? i think that will linger a bit. >> if somebody asks him specifically what loop holes and deductions are you proposing to do away with? the president hasn't asked that question. no one has asked him that question. >> chris wallace has, actually. paul ryan. >> the bigger issue is that you can take every single deduction there is, abolish them all and that adds up to $5 trillion. >> no, i don't agree with you on that. the tax policy center you're referring to is incomplete and they've revised it since then. >> i'm not just referring to that analysis. >> governor romney did talk about how he would eliminate some deductions. he would have a bucket that he would fill up. >> what was he saying was in that bucket? let's make up a number. here is what the number is. >> he said it could be $50,000, if you capped deductions at $50,000, you're not even in the ballpark of $5 trillion. >> it was not a specific what are the actual loop holes. i think that wa
you specifically said you would cut this tax, this tax, this tax. >> a lot of promises. >> that add up to 5 trillion. how will you pay for that? i think that will linger a bit. >> if somebody asks him specifically what loop holes and deductions are you proposing to do away with? the president hasn't asked that question. no one has asked him that question. >> chris wallace has, actually. paul ryan. >> the bigger issue is that you can take every single deduction...
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to save and invest tax free. this is one of the big differences between these two candidates. mitt romney has a pro growth tax reform plan and create jobs and get the economy moving. you heard the president has no plans whatsoever. >> but the democrats keep pointing out you're being very vague and you're not being very specific in the so-called offsets. how do you pay for $5 trillion in tax cuts without raising the deficit? >> well, you know what, wolf, i'm reminded of what happened in 1986, the last time the congress and the president reagan at the time undertook major tax reform. the president didn't come forward with a plan, take it or leave it plan that he presented to the congress. instead, he articulated some broad principles that would guide him in his negotiations with congressional leaders and those led to major tax reform. that created a major economic expansion in this country. those are the same principles that governor romney would follow, if he's elected as president. >> so, he's not going to spell
to save and invest tax free. this is one of the big differences between these two candidates. mitt romney has a pro growth tax reform plan and create jobs and get the economy moving. you heard the president has no plans whatsoever. >> but the democrats keep pointing out you're being very vague and you're not being very specific in the so-called offsets. how do you pay for $5 trillion in tax cuts without raising the deficit? >> well, you know what, wolf, i'm reminded of what happened...
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mostly corporate tax giving to democrats that republicans and they're working with incumbents. so it makes it, it's almost like the game is very tilted against anybody who wants to try to crack into the process. that's what's difficult. and super pacs are not liked by incumbents because they can hold the office or to account. the incumbent doesn't like the. the traditional pacs are always going to go and give money to the incumbents spent by the hope would be, it's still perverse. i would still rather have the opponent pointing out those things in a super pac. i would rather choose the campaign that i set out in some other entities. there some solutions. good or bad, that's one solution. the disclosure. certainly is one thing. there are multiple solutions but to me it is frustrating that the candidates voice has been muted. everything has been an impact of free media frankly on it. but on the senate race and the house races, just these two men, two ladies talk to one another and to find out between each other. and i think we probably would get a little more patient out of them
mostly corporate tax giving to democrats that republicans and they're working with incumbents. so it makes it, it's almost like the game is very tilted against anybody who wants to try to crack into the process. that's what's difficult. and super pacs are not liked by incumbents because they can hold the office or to account. the incumbent doesn't like the. the traditional pacs are always going to go and give money to the incumbents spent by the hope would be, it's still perverse. i would still...
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>>tax cuts don't create jobs. the golden years as the conservatives call them, we had the highest tax rates, and the highest amount of growth, and the highest amount of jobs. those are facts. >>"if you ever raise taxes on the rich, you're going to destroy our economy." not true! >> announcer: radio meets television. the "bill press show." now on current tv. >> announcer: this is the "bill press show". >> bill: it is 13 minutes before the top of the hour now on a thursday morning. the big thursday morning after last night's first presidential debate. taking your calls on what it all means and whether you think it will change the nature of the debate. niles standage has been covering all -- doing most of the predebate coverage. joining us on our news line this morning, take a look at the event itself. hey, nile, good morning. good to have you with us. >> bill: what's the consensus on last night? >> the consensus is quite simply that mitt romney had a much better night than president obama did. governor romney seemed
>>tax cuts don't create jobs. the golden years as the conservatives call them, we had the highest tax rates, and the highest amount of growth, and the highest amount of jobs. those are facts. >>"if you ever raise taxes on the rich, you're going to destroy our economy." not true! >> announcer: radio meets television. the "bill press show." now on current tv. >> announcer: this is the "bill press show". >> bill: it is 13 minutes before...
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. >> if the tax plan he described were a tax plan i would support, absolutely not. i'm not looking for a $5 trillion tax cut. >> now, five weeks before the election, he's saying that his big, bold idea is, never mind. >> reporter: george, up until last night, the obama campaign had succeeded in turning this from a referendum on president obama to a choice. and they were painting mitt romney as an unacceptable alternative. but that dynamic seemed to change last night. it seemed to be very much a referendum on president obama. and mitt romney presented himself as a credible alternati alternative. george? >> that's what mitt romney wanted. >>> let's get the view from the romney camp right now. david muir covers the romney campaign. and as we said, the polls giving mitt romney the win overnight. clearly, the romney team is happy. how do they capitalize on it going forward? >> reporter: i have to tell you, george, in talking with a key adviser overnight, one of the things i was struck by was he said our supporters are going to love this. you can't underestimate what he m
. >> if the tax plan he described were a tax plan i would support, absolutely not. i'm not looking for a $5 trillion tax cut. >> now, five weeks before the election, he's saying that his big, bold idea is, never mind. >> reporter: george, up until last night, the obama campaign had succeeded in turning this from a referendum on president obama to a choice. and they were painting mitt romney as an unacceptable alternative. but that dynamic seemed to change last night. it seemed...
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more huge tax breaks skewed to the wealthy. while cutting nearly eight hundred billion from medicaid... even though middle-class families rely on medicaid to help loved ones cover nursing-home care. and it helps parents support children with disabilities. if mitt romney really "cares," wouldn't we see it in his priorities? barack obama and the liberals already have. to pay for government-run healthcare, you'll pay higher taxes and more for your medicine. and their plan includes a trillion dollars in higher taxes. even on the middle class. mitt romney and common sense conservatives will cut taxes on the middle class. and they'll close loopholes for millionaires. obama and his liberal allies? we can't afford four more years. [ romney] i'm mitt romney and i approve this message. we can't afford four more years. these appliances could have been made here in america. but a company called global tech maximized profits by paying its workers next to nothing... under sweatshop conditions in china. when mitt romney led bain, they saw glo
more huge tax breaks skewed to the wealthy. while cutting nearly eight hundred billion from medicaid... even though middle-class families rely on medicaid to help loved ones cover nursing-home care. and it helps parents support children with disabilities. if mitt romney really "cares," wouldn't we see it in his priorities? barack obama and the liberals already have. to pay for government-run healthcare, you'll pay higher taxes and more for your medicine. and their plan includes a...
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said his rival doesn't have the right solutions and that romney can't keep his goal of cutting taxes and not adding to the deficit without hurting the middle-class. >> now, five weeks before the election he is saying his big bold idea is never mind. >> reporter: the debate later turned to the president's health care law which romney says he will get rid of if elected. >> it cuts $716 billion from medicare to pay for it. i want to put that money back in medicare. it has killed jobs. >> reporter: but the president tried to bring it back to romney's own health care law which he says is quite similar. >> governor romney did a good thing working with democrats in the state to set up what is essentially the identical model. it hasn't destroyed jobs. >> reporter: there were few fireworks and there were even fewer surprises. both candidates were deliberate going through their policy points. rob, paula, at times that made it seem look they were more concerned with getting through their checklist than really connecting with voters watching at home. >> all right, karen. a moment when they were
said his rival doesn't have the right solutions and that romney can't keep his goal of cutting taxes and not adding to the deficit without hurting the middle-class. >> now, five weeks before the election he is saying his big bold idea is never mind. >> reporter: the debate later turned to the president's health care law which romney says he will get rid of if elected. >> it cuts $716 billion from medicare to pay for it. i want to put that money back in medicare. it has killed...
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. >> reporter: he charged romney changed his stance on taxes and spending. >> but if you want to be president, you owe the american people the truth. >> reporter: some felt mr. obama owed them a better debate. >> he looked like he was tired, drained. >> i think he didn't have the practice. >> you more worried obama might lose now? >> well, no, not really. >> reporter: obama strategists hint the boss learned a lesson. >> he'll review it and if he wants to make some changes in the next debate, he'll do so. >> reporter: romney strategists claim all that changed about their guy was the audience. >> i think people saw him for the first time, a lot of people, not in a 30-second attack ad or 12-second snippet on the news. but got to hear him directly. >> reporter: romney's hoping the debate strengthens his poll numbers in battleground states. tomorrow there's a new factor, a jobs report expected to help president obama, by showing fewer layoffs. live from denver, steve handelsman, news4. >>> more now on the continuing coverage of that first presidential debate. nbc news senior political editor mark
. >> reporter: he charged romney changed his stance on taxes and spending. >> but if you want to be president, you owe the american people the truth. >> reporter: some felt mr. obama owed them a better debate. >> he looked like he was tired, drained. >> i think he didn't have the practice. >> you more worried obama might lose now? >> well, no, not really. >> reporter: obama strategists hint the boss learned a lesson. >> he'll review it and...
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running on this tax plan. and now, five weeks before the election, he's saying that his big bold idea is never mind. >> let me repeat what i said. i'm not in favor of a $5 trillion tax cut, that's not my plan. >> reporter: another stark difference, medicare, one of the few times the president played aggressor. >> it's called premium support, but it's understood to be a voucher program. >> and you don't support that? >> i don't. and let me explain why. >> again, that's for future people, not current retirees. >> so if you're 54 or 55, you might want to listen because this, this will affect you. >> reporter: still, romney seemed to control many of the back and forths, even the lighter moments. >> i apologize, mr. president, i use that term with all respect. >> i like it. >> good. >> the difference in their debate demeanors was most evident during the closing statements. >> you know, four years ago we were going through a major crisis. and yet, my faith and confidence in the american future is undiminished. >> th
running on this tax plan. and now, five weeks before the election, he's saying that his big bold idea is never mind. >> let me repeat what i said. i'm not in favor of a $5 trillion tax cut, that's not my plan. >> reporter: another stark difference, medicare, one of the few times the president played aggressor. >> it's called premium support, but it's understood to be a voucher program. >> and you don't support that? >> i don't. and let me explain why. >>...
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said his rival doesn't have the right solutions, and that romney can't keep his goal of cutting taxes and not adding to the deficit without hurting the middle class. >> now, five weeks before the election, he is saying his big bold idea is never mind. >> the debate later turned to the president's health care law which romney says he will get rid of if elected. >> it cut $716 billion from medicare to pay for it. i want to put the money back in medicare. it has killed jobs. >> reporter: but the president tried to bring it back to romney's own health care law which he says is quite similar. >> governor romney did a good thing, working with democrats in the state to set up what is essentially the identical model. it hasn't destroyed jobs. >> reporter: there were a few fireworks. and fewer surprises. the candidates were very deliberate outlining their bullet points on specific policies, but at the same time, neither of them really went after each other on them. it was more like they were trying to go through a checklist. not really connecting with the voters. rob, paula. >> all right. now,
said his rival doesn't have the right solutions, and that romney can't keep his goal of cutting taxes and not adding to the deficit without hurting the middle class. >> now, five weeks before the election, he is saying his big bold idea is never mind. >> the debate later turned to the president's health care law which romney says he will get rid of if elected. >> it cut $716 billion from medicare to pay for it. i want to put the money back in medicare. it has killed jobs....
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repeat that mitt romney hasn't given details about how he is going to, you know, the details of his tax policy or how he wants to comprehensively address immigration as he is criticizing obama for doing it piecemeal. there's got to be that -- he's not telling us the details as he is criticizing president obama. and again, on president obama's part, the press could be much more sort of aggressive on saying so here is where the house republicans blocked the 1x, y ian izzie, what are two strategies for getting around the republicans if you get a second term so hopefully some of the details will get once we start seeing the president shall be made, but i think there is -- we are not forcing them to say i'm not telling you the answer to this question enough, and there are many important questions the campaigns are not answering. >> in terms of are we giving people information they need to make a choice, i think people have information they need to make a choice. the vast majority of people are partisans of one sort or another. that's why they know probably almost every -- i doubt there are m
repeat that mitt romney hasn't given details about how he is going to, you know, the details of his tax policy or how he wants to comprehensively address immigration as he is criticizing obama for doing it piecemeal. there's got to be that -- he's not telling us the details as he is criticizing president obama. and again, on president obama's part, the press could be much more sort of aggressive on saying so here is where the house republicans blocked the 1x, y ian izzie, what are two...